The Research Of Annuity Management In China

Company's annuity is a kind of annuities which company provide to their employee, it is one of the support of provide for the old aged in China , and also is an important part for employee's benefits. With the development of China industry, the innovation of social security system come into the key period and to encourage some big companies to establish the suitable annuity system become more and more important ."The insurance annuity in the Chinese company and individual saving endowment insurance plan"that published by China and Australia insurance cooperation , which define the basic endowment insurance and corporation annuity adding substitute rate is 70-85%, this figure is as same as the developing country .But because of the economy benefit of Chinese companies almost are not very high , and the total corporation's annuity in 2002 is exceed 26 billions , the corporation which establish the annuity are only 17000 companies ,including the employee 6,550,000 and the average of those people accumulate the fund 4000 RMB, that means it is very difficult to meet the requirements in the"plan".The key of our country's development is to develop everyone's annuities and investment management , and increase the cover rate of the annuities in the corporation .So we have to study the annuity plan from develop countries to establish the perfect assignee and keeping attorney system , establish a tax favour plan in order to establish a perfect annuity management system .